PO Box 219, 14579 Government Road, Larder Lake, Ontario, P0K 1L0, Canada Phone (705) 643-2345 Fax (705) 643-2191 www.cxsltd.com SKEAD HOLDINGS LTD. Prospecting Over the PUSEY LAKE PROPERTY Cardiff Township, Ontario C Jason Ploeger, B.Sc, P.Geo February 6, 2015
TABLE OF CONTENTS 1. SURVEY DETAILS... 3 1.1 PROJECT NAME... 3 1.2 CLIENT... 3 1.3 LOCATION... 3 1.4 ACCESS... 4 1.5 GENERAL GEOLOGY... 4 1.6 PREVIOUS WORK... 4 2. SURVEY WORK UNDERTAKEN... 5 2.1 SURVEY LOG... 5 2.2 PERSONNEL... 5 3. OVERVIEW OF SURVEY RESULTS... 6 3.1 DAY-1 JULY 17, 2014... 6 LIST OF APPENDICES APPENDIX A: STATEMENT OF QUALIFICATIONS APPENDIX B: INSTRUMENT SPECIFICATIONS APPENDIX C: LIST OF MAPS (IN MAP POCKET) LIST OF TABLES AND FIGURES Figure 1: Location of the... 3 Figure 2: Sample 34389... 6 Figure 3: Sample 34390... 7 Figure 4: Sample 34391... 8 Figure 5: Sample 34392... 9 Figure 6: Sample 34393... 10 Figure 7: Sample 34394... 11 Figure 8: Google Image with Traverse and Sample Locations... 12 Table 1: Survey Log... 5 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page ii
1. SURVEY DETAILS 1.1 PROJECT NAME This project is known as the. 1.2 CLIENT SKEAD HOLDINGS LTD. 28 Ford St. Sault Ste. Marie, Ontario P6A 4N4 1.3 LOCATION The is located approximately 28km west of Bancroft, Ontario. The survey area covers claim numbered 1500747, located in Cardiff Township, within the Southern Ontario Mining Division. Figure 1: Location of the CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 3
1.4 ACCESS Access to the property was attained with a 4x4 truck from County Road 648 approximately 2 km east from the Town of Wilberforce, Ontario. From here, an old rail line was walked southward for the final 400m to the survey area. 1.5 GENERAL GEOLOGY The property is located in an area between the Cheddar Granite and the Monck Lake Granite within the Cardiff Plutonic Complex. According to Map 1957-1, the property itself is underlain by a Para-Amphibolite, horneblende syenite, with marble lenses and granitic pegmatite dikes. 1.6 PREVIOUS WORK A look at the property history was performed using the AFRI database. No work on the property was located within the public domain. A search of the MDI database indicates two discretionary occurrences of Graphite. CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 4
2. SURVEY WORK UNDERTAKEN 2.1 SURVEY LOG Date Description July 17, 2014 Locate survey area and begin prospecting. Table 1: Survey Log Survey Distance 1.325km 2.2 PERSONNEL Bruce Lavalley and Claudia Moraga, both of Britt, Ontario performed the prospecting traverses. CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 5
3. OVERVIEW OF SURVEY RESULTS ALL SAMPLES WERE TAKEN FOR REFERENCE PURPOSES ONLY! ALL SAMPLES WERE PRESENTED TO SKEAD HOLDINGS LTD. 3.1 DAY-1 JULY 17, 2014 Sample 34389 NAD 83 - Zone 17N 720046E 4992981N The vegetation is mix and the topography is steep with a cliff face to the west. Figure 2: Sample 34389 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 6
Sample 34390 NAD 83 - Zone 17N 720249E 4992762N The vegetation is a balsam and birch mix and the topography is steep with a cliff face. Figure 3: Sample 34390 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 7
Sample 34391 NAD 83 - Zone 17N 720102E 4992726N The vegetation is a maple and the topography is moderate slope to the south. Figure 4: Sample 34391 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 8
Sample 34392 NAD 83 - Zone 17N 720279E 4992561N The vegetation is a pine and cedar mix and the topography is a steep slope to the west. Figure 5: Sample 34392 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 9
Sample 34393 NAD 83 - Zone 17N 720107E 4992673N The vegetation is a maple and birch mix and the topography is a moderate slope to the north. Figure 6: Sample 34393 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 10
Sample 34394 NAD 83 - Zone 17N 720056E 4992784N The vegetation represents a mixed cover and the topography is a moderate slope to the north. Figure 7: Sample 34394 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 11
Figure 8: Google Image with Traverse and Sample Locations CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 12
APPENDIX A STATEMENT OF QUALIFICATIONS I, C. Jason Ploeger, hereby declare that: 1. I am a professional geophysicist with residence in Larder Lake, Ontario and am presently employed as a Geophysicist and Geophysical Manager of Canadian Exploration Services Ltd. of Larder Lake, Ontario. 2. I am a Practicing Member of the Association of Professional Geoscientists, with membership number 2172. 3. I graduated with a Bachelor of Science degree in geophysics from the University of Western Ontario, in London Ontario, in 1999. 4. I have practiced my profession continuously since graduation in Africa, Bulgaria, Canada, Mexico and Mongolia. 5. I am a member of the Ontario Prospectors Association, a Director of the Northern Prospectors Association and a member of the Society of Exploration Geophysicists. 6. I do not have nor expect an interest in the properties and securities of Skead Holdings Ltd. 7. I am responsible for the final processing and validation of the survey results and the compilation of the presentation of this report. The statements made in this report represent my professional opinion based on my consideration of the information available to me at the time of writing this report. C. Jason Ploeger, P.Geo., B.Sc. Geophysical Manager Canadian Exploration Services Ltd. Larder Lake, ON February 6, 2015 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP
APPENDIX B GARMIN GPS MAP 62S Physical & Performance: Unit dimensions, 2.4" x 6.3" x 1.4" (6.1 x 16.0 x 3.6 cm) WxHxD: Display size, WxH: Display resolution, WxH: Display type: Weight: Battery: Battery life: Waterproof: Floats: High-sensitivity receiver: 1.43" x 2.15" (3.6 x 5.5 cm); 2.6" diag (6.6 cm) 160 x 240 pixels transflective, 65-K color TFT 9.2 oz (260.1 g) with batteries 2 AA batteries (not included); NiMH or Lithium recommended 20 hours (IPX7) no CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP
Interface: high-speed USB and NMEA 0183 compatible Maps & Memory: Basemap: Preloaded maps: Ability to add maps: Built-in memory: Accepts data cards: no 1.7 GB microsd card (not included) Waypoints/favorites/locations: 2000 Routes: 200 Track log: 10,000 points, 200 saved tracks Features & Benefits: Automatic routing (turn by turn routing on roads): Electronic compass: Touchscreen: Barometric altimeter: Camera: Geocaching-friendly: Custom maps compatible: Photo navigation (navigate to geotagged photos): Outdoor GPS games: Hunt/fish calendar: (with optional mapping for detailed roads) (tilt-compensated, 3-axis) no no (paperless) no CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP
Sun and moon information: Tide tables: Area calculation: Custom POIs (ability to add additional points of interest): Unit-to-unit transfer (shares data wirelessly with similar units): Picture viewer: Garmin Connect compatible (online community where you analyze, categorize and share data): Specifications obtained from www.garmin.com CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP
APPENDIX D LIST OF MAPS (IN MAP POCKET) Prospecting traverse plan map (1:2000) 1) SKEAD-PUSEY LAKE-PROSPECTING TOTAL MAPS = 1 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP
720000 720200 4992600 4992800 4993000 1500747 34389 Granite 34394 Granite Granite Granite 34391 34393 Granite Granite 34390 Granite 4993000 4992800 4992600 SKEAD HOLDINGS LTD. PUSEY LAKE PROPERTY PROSPECTING TRAVERSE PLAN MAP Granite Traverse Performed July 17, 2014 34392 720000 720200 Scale 1:2000 25 0 25 50 75 100 125 (meters) NAD83 / UTM zone 17N Traverse By: Bruce Lavalley and Claudia Moraga Processed By: C Jason Ploeger Map Drawn By: C Jason Ploeger February 2015 Drawing: SKEAD-PUSEY LAKE-PROSPECTING